PropertyIndex

Joy

Completed · Q3 2022|486 villas

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Joy is a completed villas development by EMAAR DEVELOPMENT P.J.S.C. in Arabian Ranches 3, Wadi Al Safa 5, comprising 486 registered villas. 841 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,753 per sqft. At AED 1,753 per sqft, Joy prices 2% above the Arabian Ranches 3 average of AED 1,720 per sqft on registered sales.

PIX© price · 5.2% YoY
2.96MAED
Typical
1,753AED
PSF
Gross yield
5.2%
PIX© rent ÷ PIX© price
Sale records
841
DLD · all time
Rent contracts
1,096
Ejari · all time
Joy

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
1,369 – 3,031 sqft
4862.96M1,7535.2%153K5.2%
3 Bed · Villa
1,369 – 1,650 sqft
318
4 Bed · Villa
2,394 – 3,031 sqft
168
Villa (Bedrooms Unknown)
1,384 – 1,415 sqft
Sales — Project-Wide841 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitSizePricePSFvs Prior SaleTierType
29 Jul 20263 Bed1,3842,800,0002,023+22.8%StandardStandard Sale
6 Jul 20263 Bed1,3842,300,0001,662-6.1%Entry LevelStandard Sale
3 Jul 20264 Bed2,4073,450,0001,433+48.6%StandardStandard Sale
Rentals — Project-Wide1,096 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
14 Sep 20274 Bed2,417195,00081Standardrenewal
9 Oct 20263 Bed1,437135,00094Standardrenewal
14 Sep 20264 Bed2,417195,00081Standardrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Arabian Ranches 3

The closest-priced registered projects in Arabian Ranches 3.

Common questions about Joy

Answered from Dubai Land Department registered transactions.

How much does a property in Joy cost?

Property in Joy sells at a current PIX© price of AED 1,753 per sqft, or about AED 2,959,274 for a typical unit, based on 841 sales registered with the Dubai Land Department.

Is Joy completed?

Yes. Joy is recorded as completed in the Dubai Land Department project register (completed q3 2022).

Who is the developer of Joy?

Joy is developed by EMAAR DEVELOPMENT P.J.S.C., the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Joy?

Joy yields 5.2% gross, calculated from current PIX© rent against current PIX© sale price, across 1,096 registered Ejari contracts.

How many villas are in Joy?

Joy holds 486 registered villas, per the Dubai Land Department unit register.

Have prices in Joy gone up or down?

Price per sqft has fallen -5.2% over the last 12 months, to AED 1,753, across 841 registered sales.